Polsloe Road, Exeter Auction Guide Price £150,000

       FOR SALE BY ONLINE PUBLIC AUCTION (*unless sold previously)  ON THURSDAY, 1ST MAY, 2025
                                                                      AUCTION PRICE GUIDE: £150,000 LEASEHOLD *

METHOD OF SALE: This is a traditional auction and contracts are exchanged on the fall of the gavel. A buyer’s administration fee of £2950 is payable on exchange of contracts.

*NOTE: Offers prior to auction will only be considered if they are above the guide price and the offeror is in a position to exchange contracts immediately. The price guide is a general guide only and a reserve price will be set within 10% of this figure. 

For interested parties the auction pack will shortly be available and can be downloaded from the link on our website: https://www.robertwilliams.co.uk/services/auctions  


SITUATION & DESCRIPTION

56a Polsloe Road is a lower ground floor flat in a substantial Victorian semi-detached house in this sought after part of Exeter.  Let for the last few years, this well presented apartment is offered with vacant possession and is ideal for a first time buyer or as an investment.

The property features two bedrooms, the very large main bedroom doubling as a second reception room if required.  There is a modern bathroom and modern kitchen/living room, the living area having a wide picture window outside of which is a decked garden area and enclosed parking for a car.  The flat is heated primarily by modern electric radiators and most of the windows are double glazed.

This part of Exeter consists of some imposing Victorian and Georgian properties and is a pleasant area in which to live.  There are local shops and facilities a few hundred yards away and Heavitree is within around 10 minutes’ walk.  Regular bus services pass nearby and the centre of the city is approximately three quarters of a mile distant. 

SERVICES: Main services, except gas, are available.  Interested parties should contact the relevant public utility with regards to connection.

TENURE: Leasehold - *share of freehold.

Length of lease: 189 years
Unexpired Term:  159 years
Ground Rent: Zero
Service/Maintenance Charge: Zero
Local Authority:   Exeter City Council

Agent Note
Agent Note
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers once any sale is agreed, and check proof of funding. For properties bought at online auction, a fee of £3.50 +VAT is payable by each registered bidder to Landmark, an FCA registered company, through Essential Information Group.  An inconclusive check will result in a further capped fee of £3.50 + VAT to cover any ensuing checks. We will require the full name, date of birth and current address of all bidders.  For sales in a live auction room and for sales prior to auction, we use the services of a third party, Thirdfort, an FCA registered company, via whom checks will be conducted. We will require the full name, mobile phone number and current address of the buyer and there is a charge of £20 including VAT payable direct to Robert Williams Ltd.
It is a mandatory requirement for a Sales or Lettings Agent to be part of a redress scheme, we have membership with The Property Ombudsman (a government approved redress scheme). It is a mandatory requirement for a Lettings Agent to be part of a Client Money Protection scheme, we have membership with Propertymark (a government approved client money protection provider).